Which country dominated the 2017 Forbes Asia "Best Under A Billion" list by having the highest number of companies featured?

Difficulty: Medium

Correct Answer: China

Explanation:


Introduction / Context:
Business magazines like Forbes regularly publish lists highlighting high performing companies, such as the Forbes Asia “Best Under A Billion” list. This ranking typically focuses on small and mid sized listed companies with strong growth and profitability. Competitive exams sometimes ask which country dominated such lists in a particular year, testing your awareness of regional business trends.



Given Data / Assumptions:

  • The question refers to the 2017 Forbes Asia “Best Under A Billion” list.
  • It asks which country had the highest number of companies featured on that list.
  • The options are India, Japan, China, and Guyana.
  • We assume the question is based on published statistics for that year.



Concept / Approach:
China (including Hong Kong) has a very large number of mid sized listed companies and often dominates Asia based corporate rankings. In the 2017 Forbes Asia “Best Under A Billion” list, Chinese companies formed the biggest group among the 200 selected firms. While India and Japan also had entries, their counts were lower than China's. Therefore, remembering that China topped this list in terms of number of companies is key.



Step-by-Step Solution:
Step 1: Recall news reports summarising the Forbes Asia 2017 list, which stated that most of the companies came from China and related markets. Step 2: Compare this recollection with the given options: India, Japan, China, and Guyana. Step 3: Recognise that although India and Japan had several entries, China had the maximum representation. Step 4: Select “China” as the correct answer.



Verification / Alternative check:
A good verification strategy is to remember general patterns: China often leads in the number of companies on Forbes Asia lists, followed by countries such as Japan, South Korea, and India. If a question asks which country “dominated” a regional business ranking, China is frequently the most likely candidate, but you should always confirm with your current affairs notes.



Why Other Options Are Wrong:

  • India: India had several companies on the list but did not have the highest count.
  • Japan: Japan also contributed firms but did not dominate the list numerically.
  • Guyana: A very small economy compared to China, and not a major source of companies on this Asia focused list.



Common Pitfalls:
Some candidates may be tempted to choose India due to national bias or because they remember Indian companies being praised in the article. Others may pick Japan, assuming its long established corporate sector would dominate. To avoid such errors, always focus on the actual statistics reported for each list rather than intuitive guesses.



Final Answer:
The country that dominated the 2017 Forbes Asia “Best Under A Billion” list was China, with the highest number of companies featured.

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